Averitt announced pay increases for its drivers, dock associates, maintenance and other operations personnel.
Compensation for regional drivers with a hazmat endorsement increased to 64 cents per mile. This marks the largest single increase for regional drivers in the company’s 54-year history, according to a news release.
Several classifications of less-than-truckload associates across Averitt’s network also received pay increases, including local pickup and delivery drivers, shuttle drivers who support LTL operations with night-to-night relays between facilities, as well as dock associates, maintenance associates and other categories.
Averitt provides less-than-truckload and other freight transportation and supply chain management solutions.
“It is important to us to reward our associates with competitive pay, quality benefits, and meaningful opportunities," said Barry Blakely, Averitt’s president and chief operating officer.
"We believe in investing in our people, because they are the foundation of everything we do."
Averitt’s Employee Benefits
The pay enhancements add to Averitt's benefits and amenities, such as
Profit Sharing Plan: The company gives 20% of its profits back to associates as monthly direct deposits into their 401(k) retirement accounts. These contributions are 100% funded by Averitt. Associates receive them even if they don't make personal 401(k) contributions.
Facility infrastructure and equipment: Averitt operates state-of the art facilities, modern equipment with dynamic safety technology, on-site fueling and on-site maintenance.
Red Thinkin Rewards program: Averitt’s points-based rewards program incentivizes positive actions such as achieving operational goals and safe-driving milestones.
Health benefits: Associates enjoy low-cost health coverage, including medical/dental/vision insurance, FSA/HSA, and company-provided life insurance.
Holiday pay – Associates receive holiday pay after 30 days and can enjoy paid time off after 90 days.
Uniform allowance – Averitt provides a $150 yearly uniform allotment for qualified associates.